The post Hawkish comments from the treasury select committee appeared on BitcoinEthereumNews.com. Bank of England (BoE) Deputy Governor for Markets and Banking Dave Ramsden, Deputy Governor for Monetary Policy Clare Lombardelli, and MPC member Catherine Mann gave comments to the Treasury Select Committee on Tuesday about the November monetary policy report. Key takeaways BoE’s Ramsden : Gradual removal of policy restraint appropriate. I do not currently think there is evidence to suggest that the economy is developing out of line with our baseline forecasts.” BoE’s Lombardelli : I worry more about upside risks to inflation. I put weight on structural factors pushing up inflation. I am less convinced than others about how restrictive policy is. Might slow down rate cutting pace as we get nearer end-point of cycle. We think budget will reduce inflation by 0.4-0.5 percentage points. Downward impact on inflation will be one-off for a year starting in Q2 2026.” BoE’s Mann: As i look forward, we can see budget changes will lead to lower inflation rate.But we have had behavioural changes linked to 4 years of inflation above 2%. UK firms are reluctant to reduce prices even when demand is weak. Overall labour market situation is not as dire as BoE surveys show, due to public sector Employment Pre-budget policy prevarication has been detrimental to consumer confidence and business investment.” Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.04% 0.16% 0.63% -0.14% -0.33% -0.20% -0.05% EUR -0.04% 0.12% 0.57% -0.18% -0.37% -0.25% -0.10% GBP -0.16% -0.12% 0.46% -0.30% -0.49% -0.36% -0.22% JPY -0.63% -0.57% -0.46% -0.74% -0.94% -0.81% -0.66% CAD 0.14% 0.18% 0.30% 0.74% -0.20% -0.07% 0.08% AUD 0.33% 0.37% 0.49% 0.94% 0.20% 0.13% 0.28% NZD 0.20% 0.25% 0.36%… The post Hawkish comments from the treasury select committee appeared on BitcoinEthereumNews.com. Bank of England (BoE) Deputy Governor for Markets and Banking Dave Ramsden, Deputy Governor for Monetary Policy Clare Lombardelli, and MPC member Catherine Mann gave comments to the Treasury Select Committee on Tuesday about the November monetary policy report. Key takeaways BoE’s Ramsden : Gradual removal of policy restraint appropriate. I do not currently think there is evidence to suggest that the economy is developing out of line with our baseline forecasts.” BoE’s Lombardelli : I worry more about upside risks to inflation. I put weight on structural factors pushing up inflation. I am less convinced than others about how restrictive policy is. Might slow down rate cutting pace as we get nearer end-point of cycle. We think budget will reduce inflation by 0.4-0.5 percentage points. Downward impact on inflation will be one-off for a year starting in Q2 2026.” BoE’s Mann: As i look forward, we can see budget changes will lead to lower inflation rate.But we have had behavioural changes linked to 4 years of inflation above 2%. UK firms are reluctant to reduce prices even when demand is weak. Overall labour market situation is not as dire as BoE surveys show, due to public sector Employment Pre-budget policy prevarication has been detrimental to consumer confidence and business investment.” Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.04% 0.16% 0.63% -0.14% -0.33% -0.20% -0.05% EUR -0.04% 0.12% 0.57% -0.18% -0.37% -0.25% -0.10% GBP -0.16% -0.12% 0.46% -0.30% -0.49% -0.36% -0.22% JPY -0.63% -0.57% -0.46% -0.74% -0.94% -0.81% -0.66% CAD 0.14% 0.18% 0.30% 0.74% -0.20% -0.07% 0.08% AUD 0.33% 0.37% 0.49% 0.94% 0.20% 0.13% 0.28% NZD 0.20% 0.25% 0.36%…

Hawkish comments from the treasury select committee

2025/12/10 04:12

Bank of England (BoE) Deputy Governor for Markets and Banking Dave Ramsden, Deputy Governor for Monetary Policy Clare Lombardelli, and MPC member Catherine Mann gave comments to the Treasury Select Committee on Tuesday about the November monetary policy report.

Key takeaways

BoE’s Ramsden :

BoE’s Lombardelli :

BoE’s Mann:

Pound Sterling Price Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Japanese Yen.

USDEURGBPJPYCADAUDNZDCHF
USD0.04%0.16%0.63%-0.14%-0.33%-0.20%-0.05%
EUR-0.04%0.12%0.57%-0.18%-0.37%-0.25%-0.10%
GBP-0.16%-0.12%0.46%-0.30%-0.49%-0.36%-0.22%
JPY-0.63%-0.57%-0.46%-0.74%-0.94%-0.81%-0.66%
CAD0.14%0.18%0.30%0.74%-0.20%-0.07%0.08%
AUD0.33%0.37%0.49%0.94%0.20%0.13%0.28%
NZD0.20%0.25%0.36%0.81%0.07%-0.13%0.15%
CHF0.05%0.10%0.22%0.66%-0.08%-0.28%-0.15%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

Source: https://www.fxstreet.com/news/boe-hawkish-comments-from-the-treasury-select-committee-202512091524

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Florida vs Miami, Preview, Odds And TV Info

Florida vs Miami, Preview, Odds And TV Info

The post Florida vs Miami, Preview, Odds And TV Info appeared on BitcoinEthereumNews.com. WACO, TEXAS – AUGUST 29: Jackson Arnold #11 of the Auburn Tigers looks to pass during the second half of a game against the Baylor Bears at McLane Stadium on August 29, 2025 in Waco, Texas. (Photo by Stacy Revere/Getty Images) Getty Images College football Week 4 kicks off on Thursday night when the Rice Owls hit the road to play the Charlotte 49ers. No disrespect to either program, but they did not crack the top five games of the weekend. Below is a look at the top matchups on Saturday. Betting odds are via DraftKings Sportsbook. 1. Auburn Tigers Vs. Oklahoma Sooners Jackson Arnold is returning to his former school and is off to a hot start, completing 69.6% of his passes with 8 combined passing and rushing touchdowns. Sooners’ quarterback John Mateer threw an interception in all three games so far, and Oklahoma has a good chance at remaining undefeated if it takes care of the ball. Both programs took care of business in three non-conference matchups including a Power 4 win heading into this top-25 matchup. Oklahoma is a 7-point favorite with the over/under set at 47.5. The game will air on ABC at 3:30 p.m. ET. 2. Michigan Wolverines Vs. Nebraska Cornhuskers The Nebraska Cornhuskers have a real chance to make a statement in Year 3 of the Matt Rhule era with home matchup against the Michigan Wolverines. A year after reaching a bowl game for the first time since 2016, Nebraska is off to a 3-0 start and ranks inside the top 15 in yards per play on both sides of the ball. Michigan is also among the programs in that category but failed in its first test against a Power 4 opponent when it lost to the Oklahoma Sooners. This is an important game…
Share
BitcoinEthereumNews2025/09/19 05:05